Follow the author of this article

Follow the topics within this article

The London Stock Exchange has hit back at claims that its £21bn merger with Germany’s Deutsche Börse will result Frankfurt seizing jobs from the City.

Research commissioned by Deutsche Börse and written by a prominent German profession claimed the deal would enable Frankfurt to win billions of pounds worth of derivatives trading from London.

“Deutsche Börse has a good chance of winning significant long-term market share in the areas of interest rate and currency trading and relocating trading from London to Frankfurt if the market participants in London are given unrestricted access to superior trading platforms in Frankfurt,” Dirk Schiereck, chairman of corporate finance at Technische Universität...